Star Peak Energy Transition Corp. (NYSE: STPK) is 31.72% higher on its value in year-to-date trading and has touched a low of $9.60 and a high of $51.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STPK stock was last observed hovering at around $26.58 in the last trading session, with the day’s gains setting it 0.37% off its average median price target of $67.00 for the next 12 months. It is also 59.78% off the consensus price target high of $67.00 offered by 1 analysts, but current levels are 59.78% higher than the price target low of $67.00 for the same period.
Currently trading at $26.95, the stock is -6.53% and -18.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.62 million and changing 1.39% at the moment leaves the stock 19.66% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $32.40 and a 200-day simple moving average (SMA200) of $22.56.
The stock witnessed a -3.82% in the last 1 month and extending the period to 3 months gives it a 29.88%, and is -5.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.77% over the week and 14.48% over the month.
Distance from 52-week low is 180.73% and -47.66% from its 52-week high.
Star Peak Energy Transition Corp. (STPK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Star Peak Energy Transition Corp. (STPK) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Star Peak Energy Transition Corp. quarterly earnings per share for the current quarter are estimated at $0..
Star Peak Energy Transition Corp. (STPK) Top Institutional Holders
85 institutions hold shares in Star Peak Energy Transition Corp. (STPK), with 3.22M shares held by insiders accounting for 6.72% while institutional investors hold 81.58% of the company’s shares. The shares outstanding are 47.35M, and float is at 26.19M with Short Float at 15.41%. Institutions hold 76.10% of the Float.
The top institutional shareholder in the company is William Blair Investment Management, LLC with over 5.49 million shares valued at $112.4 million. The investor’s holdings represent 14.32% of the STPK Shares outstanding. As of Dec 30, 2020, the second largest holder is Adage Capital Partners GP L.L.C. with 2.39 million shares valued at $48.97 million to account for 6.24% of the shares outstanding. The other top investors are Van Eck Associates Corporation which holds 2.27 million shares representing 5.92% and valued at over $46.48 million, while Park West Asset Management LLC holds 4.43% of the shares totaling 1.7 million with a market value of $34.79 million.